The State Control Committee met today (Monday) to discuss the State Comptroller's report on the Israel Electric Company's pension arrangements which allow employees to receive unapproved wage and pension benefits, a practice which costs billions of shekels.

Committee Chairman MK Amnon Cohen (Shas) has called for the employees to return the illegal monies and has called the Board of Directors in to deliberate the matter within the next ten days.

"It is not conceivable that the public should have their rates drastically raised so that the (Electric Company's) employees can illegally receive excessive salaries and benefits,"